Yieldmax N Option Etf Performance
| CONY Etf | 16.54 0.53 3.10% |
The entity maintains a market beta of 3.96, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, YieldMax N will likely underperform.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in YieldMax N Option are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unsteady basic indicators, YieldMax N showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Technical Data - Stock Traders Daily | 09/25/2024 |
2 | Trump Wave Drives Bitcoin Near 90K 5 ETF Leaders | 11/12/2024 |
YieldMax |
YieldMax N Relative Risk vs. Return Landscape
If you would invest 1,064 in YieldMax N Option on September 3, 2024 and sell it today you would earn a total of 590.00 from holding YieldMax N Option or generate 55.45% return on investment over 90 days. YieldMax N Option is currently generating 0.8156% in daily expected returns and assumes 5.1081% risk (volatility on return distribution) over the 90 days horizon. In different words, 45% of etfs are less volatile than YieldMax, and 84% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
YieldMax N Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for YieldMax N's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as YieldMax N Option, and traders can use it to determine the average amount a YieldMax N's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1597
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.11 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.82 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average YieldMax N is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of YieldMax N by adding it to a well-diversified portfolio.
About YieldMax N Performance
Evaluating YieldMax N's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if YieldMax N has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if YieldMax N has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
YieldMax N is entity of United States. It is traded as Etf on NYSE ARCA exchange.| YieldMax N Option is way too risky over 90 days horizon | |
| YieldMax N Option appears to be risky and price may revert if volatility continues | |
| Latest headline from zacks.com: Trump Wave Drives Bitcoin Near 90K 5 ETF Leaders |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in YieldMax N Option. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of YieldMax N Option is measured differently than its book value, which is the value of YieldMax that is recorded on the company's balance sheet. Investors also form their own opinion of YieldMax N's value that differs from its market value or its book value, called intrinsic value, which is YieldMax N's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because YieldMax N's market value can be influenced by many factors that don't directly affect YieldMax N's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between YieldMax N's value and its price as these two are different measures arrived at by different means. Investors typically determine if YieldMax N is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YieldMax N's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.